# Token Utility

**Data Services**

The $SCX token is the gateway to accessing SourceX’s advanced analytics, staking rewards, and exclusive insights. Users must hold or stake $SCX to unlock platform features, with higher staking tiers granting greater benefits.

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**Staking for Access & Benefits**

By holding or staking $SCX, users gain access to premium features, with benefits scaling based on the amount locked:

| **Tier**     | **Required $SCX** | **Key Benefits**                                             |
| ------------ | ----------------- | ------------------------------------------------------------ |
| **Free**     | 0                 | Limited access to KOL mentions and token trends              |
| **Basic**    | 4,500             | Unlock deeper influencer analytics and trend tracking        |
| **Advanced** | 25,000            | Access to AI-driven market intelligence and premium insights |

For more details, visit: <https://app.sourcex.io/pricing>

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**Product Utility**

* **$SCX as Points:** $SCX tokens function as points required to access various services and features on the platform.
* **Staking $SCX:** Users earn points by locking $SCX tokens, with points controlling system usage. Different features consume varying amounts of points.

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**API Access Fees**

* **API Consumption:** Fees for API access depend on the selected API package and data usage.
* **Token Locking:** The amount of $SCX required to be locked correlates with the chosen API suite and usage preferences.
* **Credits and Usage:** System features consume credits, with some requiring more than others.

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**Token Flow**

* **Burning Process:** Once API usage milestones are reached, $SCX tokens are burned to reduce supply, supporting token scarcity and value.
* **Targeted Ads (Monetized Attention Reward):** Users earn $SCX rewards by engaging with targeted advertisements, fostering ecosystem participation.

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**Staking Rewards and Governance**

* **Staking Rewards:** Users who lock $SCX tokens earn APY rewards over time.
* **Voting Power:** Stakers receive voting rights to participate in future SourceX governance decisions.
* **Locking Period & APY:** APY rates and staking durations will be periodically reviewed and adjusted to maintain sustainability.
